Investment advisory services for Accrue's 401(k) products are offered by Guideline Investments, LLC, a third-party SEC-registered investment adviser. For more information regarding fees and services, see Guideline Investments' ADV 2A Brochure and Form CRS.
Annual account fees are charged by Guideline Investments based on assets under management (AUM).
The annual 401(k) account fee charged to you is typically between 0.15% and 0.35%, depending on the pricing plan chosen by your employer and the date the plan was established.
You can find your specific annual account fee within your Annual Disclosure. To access this document, navigate to Documents in the main menu of your dashboard, then go to the Resource library tab. Scroll down until you find the Annual Disclosure for the year and click the download button. Your annual account fee will be outlined within the section titled "What fees will apply to my account?"
How are account fees calculated?
Your annual account fees are calculated and deducted on a monthly basis based on your balance on the last day of the calendar month.
To determine your account fee for a given month, divide your annual account fee (as a decimal) by 12 (the number of months in a year) to determine your account fee per month. Then, multiply your month-end balance by your monthly account fee.
For example, if your account fee is 0.15% (0.0015), and you have a balance of $10,000 in your 401(k), then your account fee for the month would be $1.25.¹
Where can I view my monthly fees?
From our website: To see the fees charged to your account, navigate to Transactions from the main menu of your dashboard. Your account fees will be listed within the report based on the dates they were processed.
You can learn more about Guideline Investments' fees in the Form ADV 2A Brochure.
¹ This information is for illustrative purposes only and does not represent the actual costs you may incur. Information shown here assumes a static balance of $10,000 per month, an annual account fee of 0.15% on assets under management (calculated and deducted on a monthly basis at 1/12 of the annual stated rate (0.15%)) based on the month-end account balance. This example does not account for common factors that affect the value of your account balance over time, such as gains, losses, distributions, additional contributions, etc., and is not intended to constitute investment advice nor an assurance or guarantee of future performance. The fee presented does not represent the account fee on all accounts, nor does it include other fees that a 401(k) participant may incur, including, but not limited to mutual fund expense ratios and a monthly maintenance fee for 401(k) participants if applicable. You can learn more about fees here.